India’s state-run Oil and Natural Gas Corp. and GAIL (India) Ltd., a state-owned natural gas...

|By:, SA News Editor

India’s state-run Oil and Natural Gas Corp. and GAIL (India) Ltd., a state-owned natural gas processing firm, say they are considering a bid for African nat gas explorer Cove Energy (CNVGF.PK), but have yet to decide whether to make a formal offer. Royal Dutch Shell (RDS.A) and Thailand's PTT have already submitted bids. Cove +1.8% in London trading.